STILES 17

Operated by TAPSTONE ENERGY, LLC (P-5 836005) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223071District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Apr 2005 – Feb 2016
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
131
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-03-13172577
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition22,333 bbl$1,465,942
GasProduction785,967 Mcf$5,110,750
Total$6,576,692

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 35.4609, -100.0652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46093, -100.06519 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
14,993 ft
1 wells filed one
Completion to plug
10.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 14,993 ft.

Completions filed
Apr 2005
1 of 1 wells
Plug dates filed
Nov 2015
1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331811301714,993 ftApr 2005Nov 2015Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (131)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

131 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201538032.362.00$1,230
Nov 20150238.792.17$4
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015040755.212.96$1,203
Apr 201519054449.822.71$10,938
Mar 2015077942.892.93$2,286
Feb 201518849044.662.98$9,854
Jan 201501,27643.433.10$3,956
Dec 201402,72354.693.59$9,779
Nov 20141942,06570.464.25$22,449
Oct 201402,94878.303.90$11,500
Sep 201402,99486.164.05$12,112
Aug 20141913,04989.394.04$29,377
Jul 201403,13196.564.18$13,086
Jun 201403,16298.164.74$14,978
May 201403,25594.734.73$15,385
Apr 20141863,01495.944.81$32,340
Mar 201403,03895.895.06$15,363
Feb 20141963,21097.406.19$38,967
Jan 201403,37690.404.86$16,410
Dec 2013464,73291.824.35$24,829
Nov 201323,15588.853.74$11,972
Oct 20133753,60097.423.78$50,138
Sep 201323,743104.113.72$14,124
Aug 201324,011104.253.52$14,338
Jul 201324,134102.523.72$15,574
Jun 201324,22894.403.93$16,819
May 20131904,28394.834.15$35,788
Apr 201314,15393.964.28$17,880
Mar 20131934,56993.623.91$35,947
Feb 20131893,93891.233.42$30,710
Jan 201324,61591.603.42$15,966
Dec 201204,69886.773.42$16,068
Nov 20121844,88786.953.62$33,714
Oct 20123696,77089.383.40$55,997
Sep 20121878,29694.672.92$41,914
Aug 201216,31092.662.91$18,443
Jul 20121886,83285.133.02$36,643
Jun 201275,53879.822.52$14,509
May 2012113891.612.49$435
Apr 20120701101.652.00$1,400
Mar 20121913,755105.052.22$28,408
Feb 20121883,859101.102.57$28,925
Jan 20122004,05198.092.73$30,694
Dec 201114,14696.873.24$13,529
Nov 201104,12495.723.31$13,656
Oct 20111963,97584.983.65$31,159
Sep 201103,82083.623.99$15,226
Aug 20111824,19783.404.15$32,594
Jul 20111874,18194.144.52$36,491
Jun 201103,77692.904.64$17,520
May 201104,10098.134.40$18,060
Apr 20111933,838105.964.33$37,081
Mar 20111954,16696.364.06$35,693
Feb 201103,85785.644.18$16,122
Jan 20111844,40086.504.59$36,107
Dec 20101794,28985.734.35$33,993
Nov 201004,31880.843.80$16,388
Oct 20101834,40078.103.51$29,731
Sep 20101854,48872.633.98$31,296
Aug 201004,54673.684.42$20,090
Jul 20101924,04372.554.74$33,079
Jun 201003,96870.364.91$19,484
May 20101804,13571.124.24$30,314
Apr 20101764,30481.694.12$32,122
Mar 20101794,48578.394.39$33,715
Feb 201004,01773.585.44$21,862
Jan 20101814,54674.365.96$40,572
Dec 20091934,88571.445.48$40,576
Nov 20091825,13074.593.75$32,821
Oct 200905,46972.544.11$22,479
Sep 20091905,43065.543.06$29,094
Aug 20091795,62967.423.22$30,185
Jul 20091774,80861.133.46$27,477
Jun 20091764,26766.163.90$28,264
May 20091754,26254.743.93$26,311
Apr 20091654,21946.773.59$22,853
Mar 20091804,60442.144.06$26,273
Feb 20093583,84032.814.63$29,537
Jan 200904,67835.865.37$25,126
Dec 200807,20837.105.98$43,083
Nov 200802,92755.496.86$20,080
Oct 200805,88675.246.92$40,743
Sep 200805,192101.767.88$40,898
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200806,292123.1711.57$72,825
Apr 200806,398110.3110.45$66,890
Mar 20083556,924101.909.66$103,089
Feb 200806,68492.538.77$58,623
Jan 200806,23590.388.21$51,163
Dec 200707,28088.337.30$53,158
Nov 20071936,79091.677.29$67,203
Oct 200707,38282.856.92$51,098
Sep 20073566,84275.846.24$69,722
Aug 200706,64969.066.39$42,473
Jul 200707,09070.906.39$45,290
Jun 20073677,76862.007.55$81,390
May 20073586,53558.747.85$72,304
Apr 200705,22159.617.81$40,751
Mar 200737910,84256.927.30$100,741
Feb 20071821,53155.108.22$22,607
Jan 20071736,97050.306.73$55,588
Dec 20061817,75556.656.92$63,906
Nov 20061886,77154.207.62$61,768
Oct 20063678,48454.906.01$71,169
Sep 20063417,66160.085.04$59,077
Aug 20061799,29568.717.34$80,524
Jul 200635910,00769.376.34$88,376
Jun 20063569,70166.286.38$85,526
May 200617910,83466.016.42$81,424
Apr 200654411,01364.397.36$116,089
Mar 200636611,20056.707.08$100,081
Feb 200618010,71757.597.75$93,435
Jan 200656412,76060.598.93$148,162
Dec 200536414,36354.9413.42$212,684
Nov 200554615,12154.6910.59$189,968
Oct 200553717,08358.3413.80$267,002
Sep 200571418,68861.4512.08$269,608
Aug 200570122,65461.519.80$265,056
Jul 200587727,91955.697.84$267,827
Jun 20051,28436,99852.337.38$340,275
May 20052,51867,67345.226.65$563,968
Apr 200535212,82549.207.36$111,717

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 2015 — as filed, then multipliedworked
Condensate            38 bbl  × $ 32.36 =     $1,230
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,230

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/G/223071 is the state's own key, not one this site invented.